How's all the sellers taking profits and running at this very early stage? Jeez, talk about a lack of nerve and impatient to cash their chips and take minimal profits early. They see a few take profits and figure they should join in. Mooter haven't even released the bloody product yet - that's the selling point, and the revenue. This announcement was simply the terms of the JV agreement. I am waiting for the product to hit the market and the media, and then build a following. See what happens then. Media response and upcoming announcements will be exciting, and once the product hits the market and especially once it is up and running and getting established it will be very interesting to see where it goes.
I just checked www.mootermedia.com Still no new news, still just the 'We are making way for something big. Watch this space' banner.
MMZ Price at posting:
2.2¢ Sentiment: ST Buy Disclosure: Held